Funding

GuideSpark raises $22M in Series C funding for Interactive Communications

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What does GuideSpark Do?

 

GuideSpark is a startup which helps human resources teams to communicate with the rest of the company effectively. It unleashes the power of digital employee communication. This tech start up helps the companies move from the traditional communication methods such as brochures, manuals, seminars etc to a new digital media experience which is designed for today’s employees.

How much GuideSpark funded?

 

Guidespark has raised $22.2 million in Series C funding on February 24, 2015. This funding in round C is to hire more staff and develop the product further. This round of funding was led by new investor Meritech Capital Partners, with existing investors IDG Ventures, Storm Ventures, New Enterprise Associates etc.

Previous funding

  • $5m in Series A funding on August 27th, 2013, from investors Phil Sanderson, Storm Ventures, IDG Ventures USA
  • $15m in Series B funding on March 5th, 2014, from investors Phil Sanderson, IDG Ventures USA, Storm Ventures, New Enterprise Associates.

What is next for GuideSpark?

CEO of GuideSpark Keith Kitani  said that GuideSpark works with human resources to create videos and interactive content to cover things such as employee benefits and compensations. These videos can be used from one company to the other. These videos can be customized to include a business branding and details of the specific programs of their company. Kitani said that the new funding amount will help the company invest in product, marketing, sales and to hire more employees. He also hopes to expand GuideSpark’s partnership.

More about GuideSpark

GuideSpark is a enterprise software which helps HR organizations in delivering HR communications and training solutions to meet the needs of the employees. It was founded in 2008 by Keith Kitani, Joe Larocque and John Wolff.

GuideSpark was started to leverage the latest web trends and technologies such web services, cloud services, online videos etc to deliver HR communications and training solutions to meet the needs of today’s employee.

GuideSpark is helping many companies from small nonprofit organizations to large Fortune 1000 companies.

 

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